No Irish aid for Portugal

IRELAND is too hard-up to contribute to the EU’s rescue bid for the Portuguese economy, the Government admitted last night.

As Ireland is already locked into a bailout of its own, it will not be asked to help fund the attempted resolution to the latest financial crisis to hit the eurozone, the Department of Finance confirmed.

Ireland did put money into the Greek bailout, but that was before Dublin was forced into accepting €85 billion from the EU/IMF.